Follow Payontime on FacebookFollow Payontime on Twitter

Home page Credit management advice The A to Z glossary of credit keywords

The A to Z Glossary of Credit Keywords

There are 166 entries in this glossary.
Search for glossary terms (regular expression allowed)
Begins with Contains Exact term Sounds like
All | A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | W | Z

All

Term Definition
Administrative receiver

Appointed by a creditor under a specific power arising under the terms of a fixed or floating charge. The receiver's duty is to realise the value of the asset charged for the benefit of his creditor/client. A company can continue to trade while in receivership but it cannot prevent a petition for its winding-up being presented to the court. An administrative receiver must be an insolvency practitioner.

All | A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | W | Z
Glossary 2.64 is technology by Guru PHP
Company Login
Banner
Privacy policyContact us